Teddy Sagi

About Teddy Sagi

Birth Year: 1971
Birth Place: Tel Aviv, Israel, Israel
Residence: London, England
Occupation: Business magnate
Known for: Founder of Playtech, a gambling software and services company
Partner(s): Yael Nizri (2010–)
Children: 3
Parent(s): Ami Sagi Lizi Sagi

Teddy Sagi Net Worth

Teddy Sagi was bornon 1971 in Tel Aviv, Israel, Israel. Israeli entrepreneur Teddy Sagi lives in Tel Aviv but has strong U.K. ties to many of his assets. He founded gambling software developer Playtech in 1999 and has built it into a nearly $700 million (sales) operation. Sagi sold a 12% slice of Playtech for almost $400 million in 2016; he still owns about 21% of the company.
Teddy Sagi is a member of Gambling & Casinos

💰 Net worth: $3.4 Billion (Updated at 22 June 2018)

2011 $1.2 Billion
2012 $1.2 Billion
2013 $1.8 Billion
2014 $2.5 Billion
2015 $3.8 Billion
2016 $3.1 Billion
2017 $3.1 Billion
2018 $3.42 Billion

Some Teddy Sagi images

Biography/Timeline

1971

Teddy Sagi was born in 1971 in Tel Aviv, Israel and grew up there in the Shikun Lamed neighborhood, the son of Ami and Lizi Sagi. His Father Ami owned a travel agency, and his mother Lizi was a cosmetician.

1996

Sagi received a 9-month prison sentence in 1996 for "grave deceit, bribery and insider trading", after being found guilty of manipulating bond prices in Israel in 1994. This followed a plea bargain with the district court in Tel Aviv.

1999

Sagi owns 6.3% of the company, which he founded in 1999. It was floated in 2006 on the London Stock Exchange at a price that valued the Business at approximately £550 million.

2009

In 2009 Sagi obtained Cypriot citizenship as part of a 'golden visa' scheme by Cyprus government. As Cyprus is part of the European Union Sagi obtained a Passport of the European Union.

2010

Since 2010, Sagi has been living with Yael Nizri, the 2006 Miss Israel, and they have two daughters together. Sagi owns the most expensive home in Israel, located in Herzliya. The home, which he bought in 2010, lies in the wealthy neighborhood of Herzliya Pituah on Galei Techelet Street, Israel's most expensive street. It is a 2,000 square meter house on a half-acre lot on the shore, and has a fitness room, wine cellar, sealed room, and an elevator to the beach. Sagi also owns two penthouses in Herzliya, and other homes in Tel Aviv (including an apartment in the Tzameret Towers purchased from former Israeli Prime Minister Ehud Barak), London's Knightsbridge, Cyprus, and Berlin.

2012

In late 2012 Sagi acquired the start-up company Crossrider for $US 37M. The company went public on AIM at a value of $US 250M. It is an application distribution and digital products platform.

2013

In 2013, The Guardian reported that Sagi had "been based in Cyprus for some years".

2014

Camden Market Holdings, the owner of Camden Market, Stables Market and Camden Lock Developments was bought by Sagi in March 2014 for £400 million (US$664 million) from Bebo Kobo (50% owner), and Richard Caring and Elliott Bernerd for 2.3-2.6Bn ILS, which later turned out to be the biggest LSE IPO of 2015. Sagi has continued to buy property in the Camden Market area and as of March 2015, owns the four most important of the six sections of the market, London's second most popular tourist attraction after Buckingham Palace.

2015

In August 2015, The GoodVision Trust (beneficiary Teddy Sagi) sold a 24.79% stake of Austrian real-estate company conwert Immobilien Invest SE to the German real-estate company ADLER Real Estate AG. The market value of these shares was 0.25 billion Euro.

2017

In June 2017 Sagi acquired 44% of Brack Capital Properties N.V, which is a listed real estate company, owning and developing residential and commercial properties in Germany.

2018

Sagi intends to invest £300 million in developing the market area by 2018.